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$19,800,000
New Listing

720 Lugo Ave
Coral Gables, FL 33156

For Sale|Land|Active
Subdivision:
CORAL BAY SEC B
County:
Miami-Dade

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Call Now: (786) 206-9077
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(786) 206-9077
720 Lugo Ave720 Lugo Ave720 Lugo Ave720 Lugo Ave
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"My Paradise” lives up to its name. Set on a remarkable 32,025 SF lot with 250 feet of unobstructed, pristine waterfront views on both sides, this exceptional property presents a rare opportunity to create a world-class estate with unparalleled redevelopment flexibility, privacy, and natural beauty. Capturing breathtaking sunrise-to-sunset views across Biscayne Bay, Downtown Miami, Miami Beach, and Key Biscayne, it is privately positioned at the end of Lugo Avenue. The resort-style grounds feature lush tropical landscaping, wooden and coral stone walkways, a gazebo, sandy beach, summer kitchen, and tranquil fountains. An elevated pool deck with glass railings frames sweeping bay and island vistas. A true yachtsman’s retreat, the property includes a 66-foot dock with boat lift, a spacious boathouse, and plans in progress to extend to 100 feet. Ideally located just minutes from Coconut Grove, Downtown Miami, Miami Beach, and Miami International Airport, and close to fine dining, premier shopping, cultural and sporting venues, and top-rated schools. This offering represents an extraordinary opportunity to develop a landmark waterfront estate in one of Miami’s most coveted locations.

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Listing Snapshot
Price 
$19,800,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.735 Acres
Year Built 
N/A
MLS® Number 
A12013324
Status 
Active
Property Tax 
$68,572
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
23 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.735
Building Features 
Other
Direction Faces 
North
Security 
Gated Community
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailableOtherSewer AvailableWater Available
Water Source 
Public
Zoning 
0100
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Exterior Features
Frontage 
250
Lot Features 
Waterfront
View 
BayOcean
Waterfront 
Yes
Waterfront Features 
Ocean Front
Waterview 
BayOcean
Community Features
Community Features 
Gated
Financing Terms Available 
CashConventional
MLS Area 
51
Roads 
Paved
Listing courtesy of Coldwell Banker Realty

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Neighborhood & Commute
Source: Walkscore
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